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<br />January 16, 2000
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<br />ail/Owens
<br />Governor
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<br />GrsgE.Wolch.r
<br />fX~Oltive Olredo(
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<br />C%rodo Board 0' Parlt~
<br />ond Ouldoo, RecreatIon
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<br />. C. Calloway
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<br />DougCoto
<br />Secretory
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<br />TomR.ady
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<br />COLORADO STATE PARKS
<br />www.coloradoparks.org
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<br />JAN 1 7.2001
<br />COICHa<lo Waterea",
<br />eNation 8Cll,fC
<br />
<br />Mr. Rod Kuharich
<br />Director ~ Colorado Water 'Conservation Board
<br />1313 ,Sherman Street
<br />Denver, CO 80203
<br />
<br />Re: Loan Request - Jackson Lake
<br />~
<br />Dear~ich:
<br />
<br />Please find attached the Colorado State Parks' (Parks) loan application and funding proposal
<br />, for the dam-repair loan regarding Jackson Lake. In conjunction with the Jackson Lake
<br />Reservoir and Irrigation Company (Company), Parks is requesting a loan from the CWCB to
<br />resurface the upstream dam face.
<br />
<br />Specifically, Parks is requesting a $1.7 million, 30-year loan at zero percent interest. This
<br />loan combined with the Company's 1994 authorization of$I.O million would be used to fund
<br />the resurfacing project. Parks' funding source for loan repayment will be through an account
<br />that will be established with the state treasurer's office and future lottery funds available, in
<br />case the treasury account does not cover the annual payments in any given year.
<br />
<br />Since the Company is completing a feasibility study for the project in accordance with the
<br />CWCB's, Guidelines for Financial Assistance, Parks has not prepared a separate report.
<br />Instead, Parks is relying on the Company's feasibility study to serve the same purpose for our
<br />loan request. In fact, it will be the Company's obligation to manage the project; Parks' role
<br />will be limited to provide the finances needed to complete the project. .
<br />
<br />As a result of the loan and the completion of the resurfacing of the dam, Jackson Lake will
<br />remain a viable irrigation facility. As such, Jackson Lake State Park will also contin~~t9:$.
<br />offer a variety of recreational opportunities for its visitors. Your consideratiDn ~,Th~faa'h'
<br />application and proposal is appreciated. j'1C'J '
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<br />Sincerely,
<br />
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<br />
<br />Laurie Mathews
<br />Director
<br />Colorado State Parks
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<br />Donver, Color.do 80203'111;';,no: 1303) 866.3437
<br />
<br />Fax: (303) 866-3206
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<br />1313 Sherman Street, Room 618
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